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Nvidia Reclaims Top US Valuation, Beats Apple at $4.9T

7/21/2026

35 4 Full Breakdown

Summary

Story summary

Nvidia regained its lead as the most valuable U.S. company on July 17, with a market value of $4.9 trillion versus Apple’s $4.89 trillion.
Nvidia posted quarterly revenue of over $81 billion, up 85 %, while maintaining gross margins above 70 %.
Nvidia announced its RTX Spark CPU, which it says could open a $200 billion market and reinvent PCs.
Apple began rolling out AI features on its devices in fall 2024, continuing the expansion.

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Story summary

Nvidia regained its lead as the most valuable U.S. company on July 17, with a market value of $4.9 trillion versus Apple’s $4.89 trillion.
Nvidia posted quarterly revenue of over $81 billion, up 85 %, while maintaining gross margins above 70 %.
Nvidia announced its RTX Spark CPU, which it says could open a $200 billion market and reinvent PCs.
Apple began rolling out AI features on its devices in fall 2024, continuing the expansion.